BLUE CALYPSO, INC. 4
4 · BLUE CALYPSO, INC. · Filed Jun 18, 2013
Insider Transaction Report
Form 4
Levi Andrew
DirectorChairman and CEO
Transactions
- Disposition to Issuer
Common Stock
2013-06-14−21,000,000→ 32,256,920 total
Footnotes (1)
- [F1]Disposed of pursuant to stockholder's agreement by and between the reporting person and the issuer. Pursuant to such agreement, the reporting person placed 25,000,000 shares in escrow and agreed that if the issuer issued shares of common stock in a financing transaction or in connection with the hiring or retention of senior management or directors, a corresponding number of the escrowed shares would be cancelled and returned to treasury. The amount reported represents the shares that were canceled and returned to treasury pursuant to the stockholder's agreement.